Over the last twenty years Finance has been affected by considerable changes due to a variety of factors, e.g.:
The overall effect has been a notable change in the characteristics of Finance and the operative ways of the financial institutions, emphasizing the need to:
The competition and the urgency have led many european financial institutions to combine, in an often not well structured pattern, mixed solutions made up of purchased and inhouse softwares, sacrifying quality and efficiency to have quantitative results and inappropriate performances.
With over 200,000 users from high standing financial institutions, CAD IT's Area Finanza is the securities trading and post-trading process management system most widely used in Europe.
Supported by considerable investment in Research and Development and a team of 600 highly qualified experts, Area Finanza ensures regulation compliance, adaptability to market evolution and technological innovation.
The following news and hot topics have been recently handled: EMIR, MiFID, T2S, Tobin Tax, FATCA, GDPR, SFTR, LSerFi, CSDR, PSD2 and T2S Consolidation.
Area Finanza offers total automation of all processes relating to derivatives and securities in the following macro areas: Position Keeping, Custody and Administration, Corporate Actions, Order Management, Trading Rooms, Master Data Management, Settlement, Reconciliations, REPOs (Buy/Sell Back, Repo, Triparty Repo, Stock and Bond Lending, Collateral Management), Know Your Customer, Financial Advice , Asset Management and Reporting.
Area Finanza enables the management of high volumes in real time, supporting multi-language, multi-currency, multi-channel and multi-institute configurations for banking groups, custodians, outsourcers, insurance companies, brokers, funds and trust companies.
Area Finanza has been conceived on the basis of an architecture platform independent, service-oriented, with granular standard-components organically connected, to adapt flexibly to the specific needs of each customer.